News and Updates

PRESS-RELEASE-Social-FY2025

SomerCor Hosts Federal Elected and Government Officials to Showcase Hispanic Business Growth

10/04/2024
SomerCor, a non-profit Small Business Administration (SBA) 504 lender, proudly hosted SBA Regional Administrator, Geri...
Legislative/Regulatory / Manufacturing / News and Updates / Press Release / Refinance / Renovation / SBA 504 / SBA News / SomerCor Updates
dailyherald-lisarticle (1)

Daily Herald: SBA 504 Financing for Ground-Up Construction

09/12/2024
Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
Business Owner Resource / Ground-Up Construction / Media / News and Updates / SBA 504
sept24 Rate

September 2024 SBA 504 Interest Rates

09/05/2024
25 Year Term 5.76% 20 Year Term 5.83% 10 Year Term 5.87% The September 2024...
SBA 504 / SBA Interest Rates
aug24 Rate

August 2024 SBA 504 Interest Rates

08/09/2024
25 Year Term 6.04% 20 Year Term 6.11% 10 Year Term 6.48% The August 2024...
SBA 504 / SBA Interest Rates
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Daily Herald: Close CRE Deals with the SBA 504 Loan

07/25/2024
The commercial real estate market continues to find its footing after the pandemic. Business owners...
Commercial Real Estate / Media / News and Updates / SBA 504
july24 Rate

July 2024 SBA 504 Interest Rates

07/11/2024
The July 2024 SBA 504 debenture pricing was competed on July 11, 2024. 25 Year...
SBA 504 / SBA Interest Rates
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SBA 504 Program Update: Green Energy Loans

05/24/2024
Effective April 30, 2024, the Small Business Administration (SBA) removed the $16.5 million cap on...
Green Energy / Legislative/Regulatory / Lender Resource / SBA 504 / SBA News
A man standing in front of a building with the words may 2 0 2 4 sba 5 0 4 interest rates.

May 2024 SBA 504 Interest Rates

05/09/2024
The May 2024 SBA 504 debenture pricing was competed on May 9, 2024. 25 Year...
SBA 504 / SBA Interest Rates
A woman is smiling and holding her hand out.

Daily Herald: Think Big about the SBA 504 Loan

04/30/2024
When most people envision small businesses, they typically imagine mom-and-pop shops. But did you know...
Business Owner Resource / Media / News and Updates / SBA 504
A woman is smiling and holding her arm out.

April 2024 SBA 504 Interest Rates

04/11/2024
The April 2024 SBA 504 debenture pricing was competed on April 11, 2024. 25 Year...
SBA 504 / SBA Interest Rates

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